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Justify why we need the $1 paper bill instead of a dollar coin!
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<p>[QUOTE="KLJ, post: 60780, member: 1910"]Mamooney may have also hit on another reason the dollar note hasn't been replaced. Cost. One dollar notes are far and away the most common note printed by the BEP. If we suddenly got rid of it, the currency paper supplier would lose significant business. This company probably gives enough money to politicians to prevent the government from doing precisely that. In addition, the loss of such a large segment of the BEP's work would require the downsizing of the BEP work force. I'm sure that in that situation AFSCME - the union representing Federal employees - would pitch a fit. To beat both of those would require lots of capital - monetary and political - that I'm not sure is in Washington at the moment. And even if it is, it's going to be committed to more important things, like the war on terror or a Supreme Court nomination (or two or three).[/QUOTE]</p><p><br /></p>
[QUOTE="KLJ, post: 60780, member: 1910"]Mamooney may have also hit on another reason the dollar note hasn't been replaced. Cost. One dollar notes are far and away the most common note printed by the BEP. If we suddenly got rid of it, the currency paper supplier would lose significant business. This company probably gives enough money to politicians to prevent the government from doing precisely that. In addition, the loss of such a large segment of the BEP's work would require the downsizing of the BEP work force. I'm sure that in that situation AFSCME - the union representing Federal employees - would pitch a fit. To beat both of those would require lots of capital - monetary and political - that I'm not sure is in Washington at the moment. And even if it is, it's going to be committed to more important things, like the war on terror or a Supreme Court nomination (or two or three).[/QUOTE]
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Justify why we need the $1 paper bill instead of a dollar coin!
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